More than one million pensioners will from October should receive an additional £400 each year as th...
More than one million pensioners will from October should receive an additional £400 each year as the new state pension system, Pension Credit, comes into force. Secretary of State Andrew Smith has today announced that the Pension Credit - which for the first time ever rewards pensioners for saving for their retirement -will be payable from 6th October this year. Set to top up the income of half of the UK's pensioner households, it will ensure everyone aged 60 and over an income of at least £102.10 per week, or £155.80 for a couple. The government argues it will also r...
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